Debt Quotes - Page 2

• Debt is the slavery of the free.

  Publilius Syrus

  Money, Debt Free, Slavery

  "Sentences". Collection by Publilius Syrus. Maxim 14,

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• All that seems indispensible in stating the account between the dead and the living, is to see that the debts against the latter do not exceed the advances made by the former.

  James Madison

  Made, Latter, Former

  James Madison (1867). “1769-1793”, p.504

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• Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and a great national debt.

  William Cobbett

  Death, Country, Taxation

  William Cobbett's letter, February 10, 1804.

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• Interest works night and day in fair weather and in foul. It gnaws at a man's substance with invisible teeth.

  Henry Ward Beecher

  Night, Men, Weather

  Henry Ward Beecher, William Drysdale (1887). “Proverbs from Plymouth Pulpit”

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• Debts are nowadays like children begot with pleasure, but brought forth in pain.

  Moliere

  Children, Pain, Pleasure

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• The nation is prosperous on the whole, but how much prosperity is there in a hole?

  Will Rogers

  Prosperity, Holes, Nations

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• First our pleasures die - and then our hopes, and then our fears - and when these are dead, the debt is due dust claims dust - and we die too.

  Percy Bysshe Shelley

  Dust, Firsts, Pleasure

  Samuel Taylor Coleridge, Percy Bysshe Shelley, John Keats (1829). “The Poetical Works of Coleridge, Shelley, and Keats: Complete in One Volume”, p.231

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• Our ministry is debt free and we have not had to beg or plead for finances.

  David Wilkerson

  Debt Free, Ministry, Finance

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• But with respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age, or within the term of 19 years.

  Thomas Jefferson

  Wise, Government, Debt Free

  Thomas Jefferson, Brett F. Woods (2009). “Thomas Jefferson: Thoughts on War and Revolution : Annotated Correspondence”, p.93, Algora Publishing

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• Refinancing doesn't reduce your debt, it just restructures it, so be clear about what you want to achieve with a refi.

  Barbara Corcoran

  Want, Achieve, Clear

  "Will you save in the long run? Refinancing 101" by Barbara Corcoran, www.today.com. March 17, 2010.

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• There can be no freedom or beauty about a home life that depends on borrowing and debt.

  Henrik Ibsen

  Home, Financial, Borrowing

  Henrik Ibsen (2005). “A Doll's House - Literary Touchstone Edition”, p.12, Prestwick House Inc

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• A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money.

  G. Gordon Liddy

  Inspirational, Funny, Money

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• No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.

  George Washington

  President, Delay, Redemption

  George Washington (1855). “Maxims of Washington: Political, Social, Moral, and Religious”, p.120

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• Government spending is being restrained, the economy is making progress and moving forward, and the pro-growth, tax cutting policies put in place have allowed businesses to grow, which has brought in additional tax revenue to help pay off the debt.

  Bill Shuster

  Moving, Cutting, Government

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• The burden of the national debt consists not in its being so many millions, or so many hundred millions, but in the quantity of taxes collected every year to pay the interest. If this quantity continue the same, the burden of the national debt is the same to all intents and purposes, be the capital more or less.

  Thomas Paine

  Years, Purpose, Pay

  Thomas Paine (1852). “The Rights of Man: With a Brief Historical Preface”, p.179

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• At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams.

  Thomas Jefferson

  Dream, Wisdom, Blessing

  Thomas Jefferson, Henry Augustine Washington (1854). “The Writings of Thomas Jefferson: Being His Autobiography, Correspondence, Reports, Messages, Addresses, and Other Writings, Official and Private : Published by the Order of the Joint Committee of Congress on the Library, from the Original Manuscripts, Deposited in the Department of State”, p.239

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• The debt that each generation owes to the past, it must pay to the future.

  Abigail Scott Duniway

  Helping Others, Past, Volunteer

  "Westward the Women". Book by Nancy Wilson Ross, Mar 15, 2016.

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• All of the problems we're facing with debt are manmade problems. We created them. It's called fantasy economics. Fantasy economics only works in a fantasy world. It doesn't work in reality.

  Michele Bachmann

  Reality, World, Fantasy

  "Bachmann compares debt crisis to Holocaust" by Juana Summers, www.politico.com. April 30, 2011.

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• The human species, according to the best theory I can form of it, is composed of two distinct races, the men who borrow and the men who lend.

  Charles Lamb

  Men, Race, Two

  'Essays of Elia' (1823) 'The Two Races of Men'

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• Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts.

  Suze Orman

  Fall, Financial Hardship, Velcro

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• ‎We must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.

  Thomas Jefferson

  Running, Caring, Government

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• If you help others, you will be helped, perhaps tomorrow, perhaps in one hundred years, but you will be helped. Nature must pay off the debt. It is a mathematical law and all life is mathematics.

  G. I. Gurdjieff

  Life, Kindness, Helping Others

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• Of course I am frustrated with regard to extreme poverty, to violence that never seems to cease. Greed is the key. It's easy to sit in relative luxury and peace and pontificate on the subject of the Third World debts. Not many of us are willing to give up everything we have. We can however give some, and millions of people do, governments do, but there is so much more to be done.

  Roger Moore

  Giving Up, Keys, Government

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• Creditors are a superstitious sect, great observers of set days and times.

  Benjamin Franklin

  Debtors, Creditors, Poor Richard

  Benjamin Franklin, William-Temple Franklin (1818). “Memoirs of the Life and Writings of (the Same), Continued to the Time of His Death by William Temple Franklin. - London, H. Colburn 1818”, p.253

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• Live within your means, never be in debt, and by husbanding your money you can always lay it out well. But when you get in debt you become a slave. Therefore I say to you never involve yourself in debt, and become no man's surety.

  Andrew Jackson

  Mean, Rainy Day, Men

  Andrew Jackson, David Maydole Matteson (1931). “Correspondence of Andrew Jackson: 1833-1838”

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